Lundin Oil strikes oil 3 km from Sudan discovery

Lundin Oil AB, Vancouver, announced Thursday a Sudan appraisal well drilled 3.1 km from the Thar Jath-1 discovery established 100 m of net pay. Lundin Sudan Ltd., a Swedish oil company, is operator with a 40.4% interest in Block 5A.

May 31st, 2001


By the OGJ Online Staff

HOUSTON, May 31 -- Lundin Oil AB, Vancouver, said Thursday a Sudan appraisal drilled 3.1 km from the Thar Jath-1 discovery established 100 m of net pay.

Lundin Sudan Ltd., a Swedish oil company, is operator with a 40.4% interest in Block 5A. Petronas Carigali Sdn. Bhd. has 28.5%, OMV (Sudan) Exploration GmBh has 26.1%, and Sudapet has 5%.

The appraisal well flowed 2,000 b/d from separate tests in the Bentiu and the Aradeiba sands. The Thar Jath-1 had flowed 4,260 b/d (OGJ Online, Mar. 5, 2001).

Lundin Oil Pres. Ian Lundin said appraisal well results and 3D seismic data would provide information the company would use for a development plan.

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